Lubricating oil additives are chemical compounds added to lubricating oil to provide new properties or enhance the present properties of the base oil. Some additives help suppress the undesirable properties of the base oil as well.The increasing demand for additives in the automotive industry is likely to drive market growth during the forecast period. These additives enhance the properties of the lubricants thus providing efficient and economic performance of the engine.

Global Lubricating Oil Additive market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period.

In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Lubricating Oil Additive.